Financial News: Japan Private Sector Falls Into Contraction

Japan Private Sector Falls Into Contraction

05/22/2025 - 01:38:00 (RTTNews)

(RTTNews) - Japan's private sector activity fell back into contraction territory in May due to a steeper fall in manufacturing output alongside a weaker growth in the services sector, flash survey results from S&P Global showed on Thursday.

The au Jibun Bank composite output index dropped to 49.8 in May from 51.2 in the previous month. A score below 50.0 indicates contraction.

The manufacturing Purchasing Managers' Index rose to 49.0 from 48.7 in the previous month. However, the score remained below the crucial 50.0 mark for the eleventh straight month.

Meanwhile, the services PMI registered 50.8 in May, down from 52.4 in April. The score signalled a back-to-back increase in services activity.

At composite level, new business fell for the first time in nearly a year and foreign demand dropped for the second straight month.

Input price inflation cooled in May and there was only softer uptick in selling prices.

Business confidence reached the second-lowest since the initial wave of the pandemic, the survey showed.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

U.S. Consumer Sentiment Improves Slightly More Than Previously Estimated In June (03 hr(s), 36 min(s), 47 sec(s) ago)
(RTTNews) - A report released by the University of Michigan on Friday showed consumer sentiment in ...Full Story»

U.S. Consumer Prices Inch Up In Line With Expectations But Core Price Growth Exceeds Estimates (04 hr(s), 0 min(s),47 sec(s) ago)
(RTTNews) - While the Commerce Department released a closely watched report on Friday showing cons ...Full Story»

Brazil Jobless Rate Falls To 6.2% (04 hr(s), 04 min(s), 47 sec(s) ago)
(RTTNews) - Brazil's unemployment rate decreased in the three months ending in May, figures fr ...Full Story»

Turkish Economic Confidence Steady At 96.7 (04 hr(s), 23 min(s), 47 sec(s) ago)
(RTTNews) - Turkey's economic sentiment remained stable in June after rising marginally in the ...Full Story»

Iceland Inflation Rises To 4.2% (04 hr(s), 56 min(s), 47 sec(s) ago)
(RTTNews) - Consumer price inflation in Iceland accelerated in June after easing in the previous m ...Full Story»

Eurozone Economic Sentiment Falls Unexpectedly (05 hr(s), 06 min(s), 47 sec(s) ago)
(RTTNews) - Eurozone economic sentiment weakened unexpectedly in June primarily driven by reduced ...Full Story»

Belgium Inflation Rises To 2.15% (05 hr(s), 22 min(s), 47 sec(s) ago)
(RTTNews) - Belgium's consumer price inflation rose for the first time in five months in June ...Full Story»

U.S. Consumer Prices Inch Up 0.1% In May, In Line With Estimates (05 hr(s), 27 min(s), 47 sec(s) ago)
(RTTNews) - The Commerce Department released a closely watched report on Friday showing consumer p ...Full Story»